Monthly Archives: June 2018

BOSTON, MA (June 29, 2018) – DraftKings Inc., a leading brand in sports technology and entertainment, continues to bolster its daily fantasy sports vertical with the introduction of fantasy tennis in time for Wimbledon.

“We have always prioritized offering the most compelling games across the widest array of sports,” said Mark Nerenberg, DraftKings’ Vice President of Game Operations and Development. “By expanding into tennis, we have an opportunity to provide a new and engaging experience for our current customer base while broadening our reach to attract tennis fans, globally. Over 25 million people in the U.S. alone tuned in to watch Wimbledon last year1, and we want to be a part of that.”

Tennis has a significant presence in the sports community, with an estimated global following of one billion2 that ranks the sport among the most popular worldwide. Between the growing international market DraftKings has established, and the strong performance of more niche sports on the platform, fantasy tennis is poised to become a favorite among fantasy players.

To play Daily Fantasy Tennis on DraftKings, customers must draft six players while staying under the $50,000 salary cap. All tennis matches are the best of three sets, except for men’s Grand Slam matches, which are the best of five sets. Since DraftKings is combining both men’s and women’s matches in the same contests, scoring will differ depending on the match length. Daily Fantasy Tennis will be available for fans in all the regions where DraftKings operates.*

DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. DraftKings, headquartered in Boston, MA, offers daily and weekly fantasy sports contests across 11 professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and Australia. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

1Statista, “Number of people who watched Wimbledon on TV within the last 12 months in the United States from spring 2008 to spring 2017 (in millions),” https://bit.ly/2N4Zs9X, (Sept. 2017)

Boston, MA (June 14, 2018) – DraftKings Inc. announced today the launch of the company’s inaugural corporate social responsibility initiative, Tech for Heroes, which will provide current and returning veterans with free, comprehensive, high-tech job skills training. DraftKings is launching its first training class this month in Boston and has plans to expand the program to additional cities this fall.

“After serving our country, veterans face unique challenges in navigating the civilian job market and finding meaningful and rewarding employment, especially in the tech sector,” said Jason Robins, co-founder and CEO of DraftKings. “DraftKings’ Tech for Heroes program will help veterans break into tech careers by ensuring they have the skills innovative companies require.”

The inaugural Tech for Heroes class will participate in a 10-week course in front-end web development. In addition to ensuring veterans are receiving top-level training, DraftKings’ employees will be working with the veterans to deepen their understanding of employment opportunities at high-tech companies and strengthen their interview skills and resumes. DraftKings’ employees will also serve as peer-to-peer mentors to further support Tech for Heroes graduates pursuing careers in tech.

DraftKings will be working with VetsinTech, a national nonprofit which provides current and returning veterans with re-integration services and access to employment opportunities.

“VetsinTech is thrilled to be working with DraftKings on its Tech for Heroes initiative,” said Katherine Webster, founder and CEO of VetsinTech. “The training provided by DraftKings will make a difference in the lives of many veterans and set them on the path to high paying tech careers.”

Additionally, DraftKings will allow its customers to support the Tech for Heroes initiatives through regular charitable fantasy sports contests with all entry fees going to helping veterans.

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About DraftKings

DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. DraftKings, headquartered in Boston, MA, offers daily and weekly fantasy sports contests across ten professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and Australia. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

About VetsinTech

VetsinTech supports current and returning veterans with re-integration services, and by connecting them to the national technology ecosystem. VIT is committed to bringing together a tech-specific network, resources, and programs for our veterans interested in education, entrepreneurship, and employment.

Leading the Pack, DraftKings Prepares to Enter $150 Billion National Sports Betting Market

Boston, MA (June 11, 2018) – DraftKings Inc. announced today that the company has officially applied for a state license to offer sports betting in New Jersey. Its application for a Casino Service Industry Enterprise License has been “accepted for filing” by the New Jersey Division of Gaming Enforcement (DGE), marking a key step towards licensure and further demonstrating DraftKings’ leadership position in the sports betting market.

“The New Jersey DGE has been on the leading edge of creating a smart, consumer-focused sports betting framework in the Garden State,” said Tim Dent, Chief Compliance Officer and Chief Financial Officer at DraftKings. “We are working with New Jersey officials toward a public rollout of a DraftKings sports betting product.”

DraftKings recently announced it selected Resorts Casino Hotel as its New Jersey casino licensing partner, satisfying an expected regulatory requirement for the company to offer an online sports betting product in the state. With plans to leverage its state-of-the-art technology, prominent sports entertainment brand and more than 10 million registered customers, DraftKings is poised to become a major player in the estimated $150 billion sports betting market.

Beginning well before May’s Supreme Court decision, DraftKings has been steadily building a world-class internal sportsbook team. DraftKings also announced today that Karl Gambin has joined the company as Director of New Jersey Gaming Operations based out of its new office in Hoboken, NJ. Gambin will lead DraftKings’ compliance, customer and regulatory activities in the state. The company will continue to expand its local operation and is currently recruiting for a dozen additional positions based in the Hoboken office.

BOSTON, Mass. (June 4, 2018) – DraftKings Inc., the world’s largest daily fantasy sports (DFS) platform, today announced that its DFS product is now live and available in Australia. Starting today, customers in Australia can test their sports knowledge and DFS skills against players locally and from North America and Europe.

“DraftKings’ DFS product takes sports fans’ game experience to another level, keeping them more engaged with their favourite athletes, teams and codes,” said DraftKings Chief International Officer, Jeffrey Haas. “Australia is home to some of the most passionate sports fans in the world and that’s a key reason why DraftKings decided to open there. We’re confident Australians will enjoy the exciting and innovative competition formats we have available across ten international sports, and their ability to compete against other people, both local and international.”

DraftKings’ Australian expansion is underpinned by its success in North America and Europe and marks the eighth country where DraftKings is available to consumers. The company expects that its soccer product in particular will be popular given Australia’s qualification for the FIFA World Cup 2018.

About Daily Fantasy Sports

Fantasy sports, both in the traditional season-long and daily or weekly format, are a contest of skill. DFS are similar to season-long fantasy sports with the key exception that the entire contest starts and ends in a much shorter time frame.

Contests range from a single day to one week depending on the sport, and users pick a team of players based on a salary cap and those players earn points based on their in-game performance.

Customers can choose to enter from a full suite of contests made for different skill-levels:

Beginner only contests: Only “beginner and casual customers” can participate.

Casual contests: Available to any user who doesn’t have a Highly Experienced Player (HEP) badge; this is typically acquired when a user plays in 500 contests.

Leagues: The first-of-its-kind private, customized contest for individuals to play with friends and family.

DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. Headquartered in Boston, MA, DraftKings offers daily and weekly fantasy sports contests across 10 professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and operates in Australia under a licence issued to the Australian subsidiary, DraftKings Australia Pty Limited by the Northern Territory Racing Commission. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

BOSTON, Mass. (June 1, 2018) – DraftKings Inc. and Resorts Casino Hotel announced today that DraftKings has chosen Resorts Casino Hotel to be its New Jersey licensing partner, satisfying an expected regulatory requirement for DraftKings to offer an online sports betting product in the state.

“We are excited to work with Resorts Hotel Casino to bring our new DraftKings sportsbook to New Jersey,” said Jason Robins, CEO and Co-Founder of DraftKings. “As a tech savvy and a long-term growth oriented organization, Resorts Hotel Casino aligns perfectly with our customer-focused, innovation culture.”

DraftKings has been preparing for several months to quickly enter the New Jersey market and begin offering sports fans a unique and innovative sports betting product, leveraging its industry-leading technology and over 10 million customers.

“We are at a pivotal moment in the development of sports betting in the U.S.,” said Morris Bailey, owner of Resorts Casino Hotel. “We are delighted to be able to have DraftKings utilize our gaming license in New Jersey. DraftKings continues to be at the forefront of sports entertainment innovation, and today’s announcement is the first step in being able to offer customers in New Jersey the most dynamic sports betting platform.”

Pending the adoption of state laws authorizing sports wagering, DraftKings plans to leverage its experience in developing popular daily fantasy sports contests to launch a sports betting app along with a web-based platform.

About DraftKings

DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. DraftKings, headquartered in Boston, MA, offers sports games across ten professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland and Austria. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

About Resorts Casino Hotel

The resort that brought gaming to Atlantic City in 1978, Resorts Casino Hotel, a Mohegan Gaming & Entertainment Property, is at the top of its game today, offering world-class casino action in a relaxed environment that keeps the focus on fun. Resorts Casino Hotel made history as the first American casino outside of Nevada and recently celebrated a major milestone – their 40th anniversary. Winner of 20 Casino Player Magazine 2017 “Best of Gaming Awards,” Resorts Casino Hotel has undergone $100

million in renovations, including the all new state-of-the-art Resorts Conference Center, a large $25 million room renovation project and the $35 million Jimmy Buffett’s Margaritaville themed entertainment complex with the only beach bar, Landshark Bar & Grill, on the Atlantic City sand, open year-round.

Mohegan Gaming & Entertainment assumed management of Resorts Casino Hotel in 2012, a move that has set the stage for its return as the most exciting gaming destination in Atlantic City. Boasting a prime location spanning 11 acres at the northern end of the famed Atlantic City Boardwalk, the resort features 942 guest rooms and suites in two hotel towers, an 80,000-square-foot casino, two theaters, 10 restaurants, a food court featuring five eateries, two VIP slot and table player lounges, a casino bar, indoor-outdoor swimming pool, health club and spa, salon, and retail shops. Its 64,000 square feet of technologically advanced meeting space includes 24 meeting and function rooms, most featuring natural light and ocean views, and a 13,000-square-foot ballroom.